Tuesday, June 18, 2013

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long. UTIL moves above 488.48 so the bulls are cruising. SPX punches up through 1646.50 creating a quick jump to near 1648 but price should receive much more oomph to at least attack the 1649-1650 resistance, as long as UTIL stays above 488.48. Bears are trying to push UTIL back under 488.48 to create market selling pressure.

6/23/13; 7:00 PM EST =
6/18/13; 10:25 AM EST = +49; signal line is +30
6/18/13; 9:00 AM EST = +33; signal line is +30

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